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A presidential campaign poster for Russia's PM Putin is on display in Tolyatti

Renault-Nissan Seeks Control Of Russia's AvtoVAZ

Russia's AvtoVAZ will seek to raise as much as $2 billion as part of an effort with Renault SA and Nissan Motor Co. to increase its Russian market share and convert funds borrowed from the Russian government into AvtoVAZ shares.
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Traders on the floor of the New York Stock Exchange

Wall Street Plummets Below Key Support Level

Wall Street felt tremors Tuesday afternoon as the S&P 500 Index, Nasdaq Composite Index and Dow Jones Industrial Average both dropped precipitously following declines in European equity markets.
A Best Buy store in Westminster, Colo.

Spike From Best Buy CEO Exit Reverses On Fundamentals

At one point Tuesday the shares fell to 31 percent below their price on June 23, 2009, the day before Dunn took over as CEO, through Monday's close. Initial euphoria over Dunn's resignation soon gave way to a selloff.
7. Belem, Brazil

Fastest-Growing Emerging Cities Of The World [PHOTOS]

The Knight Frank Wealth Report 2012 has marked seven cities as the world's fast-growing cities to watch in 2050, based on their potential for creating new market opportunities for local as well as global companies.
Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors

Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
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IBTimes 1000: Clean Tech German Sector Booming At Home and Abroad

The world's demand for alternative energy sources is powering growth in German industry, or so a look at the list of fastest-growing public companies in that country would suggest. Already the world leader in solar panel manufacturing, Germany is also home to an array of booming companies whose business is on the more peripheral side of clean energy creation and conservation.
An illustration picture shows the log-on screen for the website Facebook, in Munich February 2, 2012.

It's A Tale Of Two Countries -- China, US -- In The IPO Market

Proceeds of initial public offerings listed in the United States were relatively light in the first quarter, but they are likely to get absolutely heavier in the second quarter -- especially should Facebook Inc. conduct its anticipated $5 billion IPO in May.
Looking Back at History

90% Of China’s Super-Rich Want To Send Children Abroad

China's love affair with American education is stronger than ever. Chinese families -- including those in the burgeoning middle class -- want to send their sons and daughters to be educated in another country, with most coming to U.S. institutions.
The sign outside the J.C. Penney store is seen in Westminster

Big Layoffs For J.C. Penney, PPG Industries

J.C. Penney Co. Inc. and PPG Industries Inc. plan major layoffs as the former changes its corporate structure and the latter adjusts to weak European demand for its coatings and paints.
Underground mining machine

Gold Prices Rise On Short-Covering

Gold rose on Thursday, as investors covered short positions after a sharp two-day pullback, and a crude oil rally also buoyed the precious metal that sank early this week on disappointment about further U.S. monetary easing.

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